The Yampa Valley Housing Authority and Kansas-based developer, Overland Property Group, are moving closer to completing their second apartment community project in two years. Construction on the 72-unit complex began in May and has already garnered a wait list of potential residents.

A year ago, the YVHA secured $13.5M in tax credits. This was a major boost to Steamboat’s affordable housing shortage and enabled Overland and the YVHA to proceed quickly with a second joint venture. Their first project, The Reserves (located west of downtown), has been a tremendous success with 48 units filled instantly.

Alpenglow Village will offer 12 one-bedroom, 36 two-bedroom and 24 three-bedroom units. The rental apartments will be offered to households earning 60% or less of the local median income, with up to 24 units available to households earning up to 120% of local median income.

The complex sits in a prime location between downtown and Steamboat Resort. The riverside setting offers easy access to the Yampa River Core Trail, the free local bus system, grocery stores, day care and a plethora of amenities. Residents will have access to a contemporary style clubhouse with a community room, leasing office, 24-hour fitness gym and library.

The apartments, designed by Jones Gillam Renz Architects, will feature patios or balconies, knotty-alder cabinets, Energy Star appliances, LED lighting, walk-in closets and simulated wood flooring. The project is expected to be completed in Summer 2020. For updates, go to www.ovpgroup.com.